Operations & Technology
TODAY’S DEALS: Mack-Cali Buys Two Luxury Properties in Boston MSA
Mack-Cali buys two luxury assets for $150 million; Johnson Capital arranges record loan value per unit of $525,000 per unit; and Marcus & Millichap sells a Delaware property for $5.8 million.
ST Residential LLC Puts 326-unit Lex up for Sale
Chicago-based ST Residential LLC has hired brokers Holliday Fenoglio Fowler and Eastdil Secured to manage the sale of a 13-property portfolio, with an estimated value of close to $1 billion.
Seattle’s Eco-Friendly Stream Uptown Community Begins Leasing
Stream Uptown, a 118-unit, Class-A, mid-rise apartment community in Seattle’s Uptown enclave, has begun leasing residences. The announcement was made by Stream Real Estate LLC, a Seattle-based company focused on developing multifamily residential properties in the core of the Emerald City.
Preventing Pests Before the Spring Renting Season
When the weather warms and snow melts, many people will take the opportunity to relocate to new apartments and houses. Unfortunately, rodents and other pests can become a major nuisance as your renting season heats up in early spring.
‘What Renters Want’ with Jessica Fiur: What Do You Do with Negative Online Apartment Reviews
What do you do if you get negative online reviews about your community? Do you respond to them, or leave them alone?
SoNo Sale in Chicago Closes
SoNo East, a new 22-story apartment tower with ground-floor retail at 840 West Blackhawk St. in Chicago, has traded hands. In 2011, Prudential Real Estate Investors agreed to purchase the property upon completion from Smithfield Properties, and now the deal has been done for an unspecified price.
Yo, YotaPhone
The ‘YotaPhone,’ a two-sided smartphone out of Russia, has been a topic of much tech chatter for the past few days.
Shipping Container Construction: A New Take on Modularity
Three Squared and other developers are using containers, which are built of steel and wood, as the primary framing material for new construction. They are stackable, durable, versatile, widely available and code-friendly.
‘What Renters Want’ with Jessica Fiur: Are These 5 Apartment Design Trends Wearing Out Their Welcome?
It seems like a lot of apartments have similar design elements. Are these elements here to stay, or are they wearing out their welcome?